Government plans to allocate over Frw 7 trillion in 2025/2026 budget

The Government of Rwanda plans to allocate Frw 7,032.5 billion for the 2025/2026 fiscal year, representing an increase of Frw 1,216.1 billion compared to the Frw 5,816.4 billion approved in the previous revised budget. This was announced on May 8, 2025, by the Minister of Finance and Economic Planning, Yusuf Murangwa, while presenting the Budget Framework Paper to Parliament. The document is a strategic guide outlining the government’s key priorities, objectives, and fiscal policies for the medium term, aimed at implementing the National Strategy for Transformation (NST2). According to Mini

The Government of Rwanda plans to allocate Frw 7,032.5 billion for the 2025/2026 fiscal year, representing an increase of Frw 1,216.1 billion compared to the Frw 5,816.4 billion approved in the previous revised budget. This was announced on May 8, 2025, by the Minister of Finance and Economic Planning, Yusuf Murangwa, while presenting the Budget Framework Paper to Parliament. The document is a strategic guide outlining the government’s key priorities, objectives, and fiscal policies for the medium term, aimed at implementing the National Strategy for Transformation (NST2). According to Minister Murangwa, the Frw 7,032.5 billion allocation for the 2025/26 fiscal year represents a 21% increase from the Frw 5,816.4 billion approved in the revised budget for FY 2024/25. The increase primarily reflects strategic investments in major projects such as the construction of the New Kigali International Airport in Bugesera, the expansion of RwandAir, and continued recovery efforts from various crises, including the COVID-19 pandemic, inflation, the May 2023 floods, and the Marburg disease outbreak. Total projected resources for the 2025/26 fiscal year include domestic revenues of Frw 4,105.2 billion—comprising Frw 3,628.0 billion from tax revenues and Frw 477.2 billion from other sources. External grants are estimated at Frw 585.2 billion, while external loans are projected at Frw 2,151.9 billion. On the expenditure side, the total budget of Frw 7,032.5 billion will include Frw 4,395.1 billion for recurrent spending, such as salaries, and Frw 2,637.4 billion for capital investment. Minister Murangwa emphasized that Rwanda’s economic growth remains strong, despite global challenges such as climate change, inflation, geopolitical tensions, and trade disruptions. “Our economic recovery has been resilient. The Government remains committed to maintaining macroeconomic stability and fostering inclusive growth by investing in key areas such as agriculture, manufacturing, healthcare, social protection, and education,” he stated. Under the National Strategy for Transformation (NST2), the 2025/26 national budget will focus on interventions that advance the country’s development goals. These priorities include increasing crop and livestock productivity, promoting private investment, creating jobs, boosting exports, and accelerating industrialization with an emphasis on manufacturing. Additional priorities include promoting sports and the creative arts, expanding electricity generation and access, improving water, sanitation, and housing services, strengthening the transport system, and leveraging ICT and innovation to enhance service delivery across all sectors.